PayPal CEO Said Co Will Look To Grow Revenue Outside Of Transaction-related Volume Over Time - Conf Call
Portfolio Pulse from Charles Gross
During a conference call, PayPal's CEO announced that the company will aim to increase its revenue from sources other than transaction-related volume over time.
November 01, 2023 | 9:24 pm
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PayPal plans to diversify its revenue sources, which could lead to increased financial stability for the company.
Diversifying revenue streams can reduce a company's dependence on a single source of income, potentially making it more resilient to market fluctuations. This could be seen as a positive move by investors, potentially leading to a short-term increase in PayPal's stock price.
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